This home was purchased in June 2007 for $532,500 It's a beautiful 4 bedroom, 3.5 bath, 4 car garage custom built home located in The Highlands of Weatherby.
Just last month, one of my clients was able to purchase this same exact model home, located just 2 streets to the East, for only $440,000. That's almost a $100,000 discount! How did they do it? The home my clients purchased was a bank repo!
Most consumers today understand there are some fantastic deals out there and they typically know that bank owned properties are some of the very best. What they don't realize is that you have to be ready to go with your financing all lined up because sometimes the best deals go fast.
I do list some bank owned real estate in Kansas City myself and I get a lot of calls about these homes, but what most callers don't realize is that the bank is looking for a "non-contingent" offer. This means you either must be renting at the time, already have your current home under contract, or be able to financially afford to buy that new home before you've sold your current home.
To get a REAL deal on a new home like the one above takes a little upfront planning and it takes a buyer that's willing and able to leave their options open and maybe even take a small risk to get a deal done.
If you'd like to see what might be possible for you, please call Ron Henderson at (816) 651-9001 so we discuss your options and prepare you to get the very best deal on a new home.
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